Zhang Ying, professor of Entrepreneurship and Innovation at RSM Erasmus University and founder and head of Erasmus-Huawei Collaboration Program, has started as head of the Erasmus China Business Centre on May 1.
Category Archives: finance
The Trump team has started trade talks in Beijing, but it is very unlikely they will get anywhere, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in CBS. The internal divisions in the US team are only a part of the problems to gain ground, he says.
Rebuilding war-torn Syria might cost around US$250 billion and China raised its hand to participate. Financial analyst Sara Hsu figures out what it behind that offer, while the rest of the world tries to steer clear from Syria, for Triple Crisis. China sees some clear interests, she writes.
WeChat, Tencent’s mobile platform, is now reaching 900 million users in China, and in four year time it has become an indispensable tool for anybody living in the country, says WeChat expert Matthew Brennan at InTheBlack. “WeChat is not a social media. Think of it as an operating system for your life in China’,” says Brennan.
The trade war, triggered off by US president Donald Trump, is about much more than trading commodities. The real struggle is about technical leadership between China and the US, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the Los Angeles Times.
State moloch CITIC moved in to pick up 49% of Czech assets from CEFC Europe, owned by tycoon Ye Jianming. It is part of a trend, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post, as state firms are easier to control by China’s central government and expand its policies abroad.
Rupert Hoogewerf – chief researcher and founder of the Hurun China Rich List – is a busy man. Every three days, a new unicorn – a company valued over 1 billion US dollar and unlisted – emerges in China, shows his latest report. “If model, talent and capital are all in place, start-ups can move very fast,” said Rupert Hoogewerf to the Global Times.
When Tencent started during the 2014 CCTV New Year show to promote giving red envelopes online, few realized it was the successful kick-off what is now known as WeChat Pay, says WeChat expert Matthew Brennan to the JingDaily. Some luxury brands did not like the concept though: “The idea of a discount communicates value and is generally not an incentive that luxury brands want to be associated with.”
US president Donald Trump is not necessarily wrong when confronting China on trade, but he has to realize he cannot solve the issue by himself, without allies, writes China veteran Harry Broadman in Forbes. “Mr. Trump’s insistence on handling China in a U.S. ‘go-it-alone’ manner is just plain wrong-headed.”
Import duties – increased during a trade war – focus on goods, not services. Nevertheless, the Big Four accounting firms can still suffer from a trade war, writes Beida accounting professor Paul Gillis on his weblog. But those subtleties might not be spent on China when they are drawn into a full-scale trade war.